SEISS third grant: When is the next Self-Employment Income Support Scheme grant paid?

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Chancellor Rishi Sunak has now doubled the amount of support eligible claimants can expect to receive from the next Self-Employment Income Support Scheme (SEISS) grant. There have already been two SEISS grants, […]

Big Issue launches urgent Christmas Appeal as sales struggle

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. The potential loss is based on this years’ cover price, and the assumption that sales will remain 40 per cent down year-on-year, as they have been since street selling resumed in early […]

US economic recovery is 'V-interrupted' and could slow after fiscal stimulus boost fades, a JPMorgan chief strategist says

Noam Galai/Getty Images US economic recovery is currently “V-interrupted” and could slow down again in the fourth-quarter after the effects of fiscal stimulus dwindle, JPMorgan Asset Management’s David Kelly told CNBC. “We have seen what looks like a V-shaped recovery, but it’s really V-interrupted – it’s half of V,” Kelly, the chief global strategist, said […]

Opinion: Investing in Black-owned banks key to ending racial disparities

Ryan Williams, the CEO and co-founder of Cadre, recounts how a Black-owned bank help him start his business when others refused. "I know the positive impact they have firsthand: it was, in fact, a Black-owned bank that took a chance on me as a young real estate investor years ago," he writes. There are 4,700 […]

FTSE 100 LIVE: Asian equities fall as vaccine trials halt and US aid package talks sour

We will use your email address only for sending you newsletters. Please see our Privacy Notice for details of your data protection rights. Johnson & Johnson JNJ.N said it was pausing a coronavirus vaccine trial due to a study participant’s unexplained illness on Tuesday. Eli Lilly and Co LLY.N later said it too had paused the clinical trial of its COVID-19 […]

The Bank of England asks UK banks how ready they are for negative interest rates

The Bank of England has written to British banks, seeking information on how ready they are for monetary policy that adopts negative interest rates. "We are requesting specific information about your firm's current readiness to deal with a zero bank rate," Sam Woods, the central bank's deputy governor, wrote in Monday's letter. The bank survey […]

Goldman Sachs bets against the dollar on ‘blue wave’ prospects and vaccine outlook

In a note to investors Friday, Goldman analysts said they saw "low odds" for the most dollar-positive outcome by the end of the year. They named this as an electoral victory for President Donald Trump, combined with a meaningful delay to vaccine progress. Goldman Sachs has recommended short-positions against the U.S. dollar, arguing that the […]